An independent economic impact study shows the University of Central Arkansas contributes $426.1 million to the university’s six-county service area.
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– Arkansas benefits from improved health and reduced welfare, unemployment, and crime, saving the public some $18.5 million per year.
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“This report shows very clearly that 每日大赛网站 is a great value and the economic impact we have on our community and state,鈥� said 每日大赛网站 President Tom Courtway. 鈥淭he data shows a 每日大赛网站 education is well worth the investment by the students and the citizens of this state. We are pleased with EMSI鈥檚 findings and hope the citizens of Arkansas are pleased as well.鈥�
The independent report was prepared by Idaho based company Economic Modeling Specialist Inc. (EMSI), a leading provider of socioeconomic impact and strategic planning tools to colleges and universities in the U.S. and Canada. The company used two major analyses to conduct the study 鈥� investment and economic growth. Sources for the study included industry and employment date from the U.S. Bureau of Labor and Statistics, earnings and demographic data from the U.S. Census Bureau, and a variety of studies and surveys relating education to social behavior, according to the report.
A copy of the report is available.